Bike shop on a roll to Hill Stores
Reporter: Martyn Torr
Date published: 24 November 2010
A RETAIL business owned by a former world cycling champion has moved into new premises after securing a £100,000 finance package from Yorkshire Bank.
Surosa Cycles, in Huddersfield Road at Hill Stores, stocks everything from mountain bikes to specialist lightweight road cycles and equipment for road racing, time trial, track, touring and triathlon.
Yorkshire Bank provided the funding under the Enterprise Finance Guarantee Scheme to allow Surosa Cycles to move into new 2,500 sq ft retail premises in the Greenacres development, creating two new jobs.
This increases the Surosa team to six, allowing the business to service the increased demand for its retail shop and mail-order business.
The new premises also includes an advanced workshop which uses the latest equipment to prepare and repair bikes.
Previously they were at Lees Road — near the junction with Cross Street. Surosa has been trading for more than 27 years and Nigel Bishop and Amanda Jones, from Littleborough, acquired the business four years ago.
Nigel said: “We are seeing a big jump in people wanting to take to the great outdoors on their bikes and I expect this trend to continue up to, during and long after the London 2012 Olympic Games.
“This funding package has allowed us to expand the business and offer more to our many customers in the UK and overseas.”
Former World Road Race champion Mandy and Nigel have a strong racing pedigree with Nigel also competing for several years at international level.
Sean Molloy, business partner at Yorkshire Bank’s Bolton Financial Solutions Centre, said: “Surosa Cycles is a strong performing business owned and managed by a focused team who are passionate about bikes.
“The new premises will ensure Surosa Cycles meets this increased customer demand.”
Earlier this year, Yorkshire Bank introduced its Investing for Growth package which offers a dedicated business planning service and flexible approach to investment finance to enable businesses to invest in quality growth opportunities.
